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Subsequent Events
6 Months Ended
Dec. 31, 2018
Subsequent Events [Abstract]  
Subsequent Events

Note 16. Subsequent Events

 

On January 28, 2019, the Company announced that its wholly-owned subsidiary, Accuray Asia Limited (“Accuray Asia”), entered into an agreement with CNNC High Energy Equipment (Tianjin) Co., Ltd. (the “CIRC Subsidiary”), a wholly-owned subsidiary of China Isotope & Radiation Corporation, to form a joint venture to manufacture and sell radiation oncology systems in China. Accuray Asia will initially have a 49% ownership interest in the joint venture and the CIRC Subsidiary will initially have a 51% ownership interest in the joint venture. The Company is currently evaluating the impact on the financial statements.